What India’s clout in white-collar work means for the world
In time its tech firms could be as formidable as China’s manufacturers
India HAS long been seen as the world’s “back office”. Tata Consultancy Services (TCS), an IT firm now worth $170bn, undertook its first project for an American client in 1973, reworking the accounting software of a hospital in Detroit. The rise of “global capability centres”, where multinational companies carry out complex tasks, from design to research, is increasingly making that view out of date. The question is whether GCCs will themselves be superseded, too, as India creates some world-beating global companies of its own.
Explore more
This article appeared in the Leaders section of the print edition under the headline “The new brains trust”
Leaders May 25th 2024
- Why paying women to have more babies won’t work
- Rishi Sunak’s election call makes no sense, but is good news
- The war-crimes case against the leaders of Israel and Hamas is flawed
- Hacking phones is too easy. Time to make it harder
- How to save South Africa
- What India’s clout in white-collar work means for the world
From the May 25th 2024 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
How to make a success of peace talks with Vladimir Putin
The key is robust security guarantees for Ukrainians
Javier Milei: “My contempt for the state is infinite”
Argentina’s president is idolised by the Trumpian right. They should get to know him better
Tariff threats will do harm, even if Donald Trump does not impose them
The risk of a trade war is uncomfortably high
Peace in Lebanon is just a start
Donald Trump must build on Joe Biden’s belated success
From Nixon to China, to Trump to Tehran
Iran is weak. For America’s next president that creates an opportunity
Too many master’s courses are expensive and flaky
Governments should help postgraduates get a better deal